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A coupon bond is reported as having an ask price of 110% of the $1,000 par value in the Wall Street Joumal. If the last

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A coupon bond is reported as having an ask price of 110% of the $1,000 par value in the Wall Street Joumal. If the last interest payment was made 2 months ago and the annual coupon rate is 12%, coupon is paid twice a year, the invoice price of the bond will be 1,150 1,110 1.100 1.120

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